S32 0.93% $3.20 south32 limited

Ann: South32 completes acquisition of Arizona Mining, page-3

  1. 3,555 Posts.
    lightbulb Created with Sketch. 374
    Yep - if it's anything like Cannington then safe to say Graham Kerr and the team have picked up an absolute bargain.

    Cannington cost A$500m to establish and provided A$1b in annual cash flow over 20 years. Hermosa conceivably is Cannington 2.0 but bigger with a mine life of 30 years and a similar development cost.
 
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